Consensus on the potential impact of population aging on asset values varies from the benign to the extreme. Despite little consensus, the effect of population aging on investment returns remains a hot button topic within academic literature.
Pension stakeholders, including the CIA, have had concerns about the lack of harmonized regulatory processes across Canada for many years. Canada has moved to a new funding regime for defined benefit (DB) pension plans aimed at strengthening the going concern funding requirement through the addition of a funding margin, known as the provision for adverse deviations, or PfAD. Jurisdictions across...
Actuaries are experts in financial risk management, a constantly changing field that must be well regulated to protect the Canadian public. We have a duty to share our knowledge with decision makers. By taking a frequent stand on relevant topics, we also make our voices heard and engage in essential discussions for society.
Learn about the Real Time Delphi method for developing estimates of future economic variables.
In this article, Mary Stock and Trudy Engel discuss a few key considerations that relate to the economic assumption setting process in these unprecedented times and will highlight a few CIA documents that may be worth reviewing.
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